How ABC Helps Nonprofits and Alumni
Michael Banghart, executive director at Renaissance, has loved being connected with Booth alumni. Having Nguyen’s perspective on data and health care, for example, has helped the organization define its most important metrics and better serve homeless people.
“That’s been really informative and valuable,” Banghart said. “Anh is a very creative thinker. He has a lot of really good ideas that are a little different than mine.”
Banghart said that he was introduced to the Rustandy Center’s ABC program by a board member who is a Booth alumnus. Since then, the organization’s relationship with Booth has played an important role, including introducing Renaissance to new interns and board members, including Nguyen and Richard Day, ’20, a consultant at the Boston Consulting Group’s Chicago office, who Banghart says has been pivotal in improving Renaissance’s public relations and marketing efforts. Day first became involved with Renaissance when he participated in the Net Impact Board Fellows Program while a second-year Booth student.
Nonprofits typically don’t get as many people volunteering to be board members, Banghart says, as there’s no pay for nonprofit board directors, unlike those on public and private boards.
“We don’t have a lot of money to put into those types of things—we have a development team of two people—so the more support we get from our board, the better,” Banghart says. “Having access to such talented people who are interested in the work that we do is extremely valuable.”
In addition to bringing new knowledge and skill sets to nonprofits, the ABC program, Nguyen believes, is an important experience for Booth alumni.
“Service is important and gives me meaning and purpose, in my career and in my life,” he says. “I find it very rewarding, emotionally and spiritually, knowing that we are actively contributing to those who need help. I’m thrilled that the Rustandy Center provides this opportunity.”
For any Chicagoland nonprofits that have the opportunity to be involved with the ABC program, Banghart strongly recommends welcoming Booth alumni to their boards.
“Take advantage of it, because you’re not going to go wrong,” Banghart says. “If you support your board members, support their growth and their understanding of the work you do, they’re going to provide so much value to your work.”